About PrismHR
PrismHR is a company based in Hopkinton (United States) founded in 1985 was acquired by Stone Point Capital in December 2019.. PrismHR has completed 2 acquisitions, including Agile Product Solutions and Summit Software. PrismHR offers products and services including Core PEO Platform, HCM Platform, Payroll & HR, Benefits Administration, and Workforce Management. PrismHR operates in a competitive market with competitors including Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
- Headquarter Hopkinton, United States
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Accel-KKR
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Agile Product Solutions
& 1 more
- Acquired by
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Products & Services of PrismHR
PrismHR offers a comprehensive portfolio of products and services, including Core PEO Platform, HCM Platform, Payroll & HR, Benefits Administration, and Workforce Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages payroll and HR for PEOs with streamlined workflows
Handles comprehensive HR and payroll for bureaus
Automates payroll processing and HR administration
Facilitates employee benefits enrollment and management
Supports time, labor, and talent management processes
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Funding Insights of PrismHR
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2014 | Amount | Private Equity Round - PrismHR | Valuation | Accel-KKR |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in PrismHR
PrismHR has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Accel-KKR, Stone Point Capital and Summit Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are focused on mid-market software and technology-enabled services firms.
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Founded Year | Domain | Location | |
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Private equity firm investing in global financial services sectors.
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PrismHR
PrismHR has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Agile Product Solutions and Summit Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based HR software is offered for small and medium businesses.
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2011 | ||||
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Enterprise software for candidate tracking and client management is provided.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PrismHR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prismhr Comparisons
Competitors of PrismHR
PrismHR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Cloud-based human capital management software is delivered globally.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prismhr
Frequently Asked Questions about PrismHR
When was PrismHR founded?
PrismHR was founded in 1985 and raised its 1st funding round 29 years after it was founded.
Where is PrismHR located?
PrismHR is headquartered in Hopkinton, United States. It is registered at Hopkinton, Massachusetts, United States.
Who is the current CEO of PrismHR?
Gary Noke is the current CEO of PrismHR.
What does PrismHR do?
Founded in 1985 and headquartered in Hopkinton, United States, PrismHR operates within the human resources technology sector. A cloud-based platform is provided to handle HR administration, including payroll processing, employee onboarding, talent acquisition, performance tracking, benefits management, and reporting functions. These tools are designed to support organizations in streamlining workforce operations across various scales.
Who are the top competitors of PrismHR?
PrismHR's top competitors include Workday, SuccessFactors and Sage Group.
What products or services does PrismHR offer?
PrismHR offers Core PEO Platform, HCM Platform, Payroll & HR, Benefits Administration, and Workforce Management.
How many acquisitions has PrismHR made?
PrismHR has made 2 acquisitions, including Agile Product Solutions, and Summit Software.
Who are PrismHR's investors?
PrismHR has 3 investors. Key investors include Accel-KKR, Stone Point Capital, and Summit Partners.
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